List of Tables
Table 1: Current Health Expenditures, by Country, 2021-2023
Table 2: Patents Granted for Medtech, by Inventor, 2023 to May 2025
Table 3: Patents Granted for Healthcare IT, by Inventor, 2023 to May 2025
Table 4: ESG Rankings of Medical Device Companies, 2025*
Table 5: ESG: Environmental Performance in MedTech and Healthcare IT Industry
Table 6: ESG: Social Performance in the MedTech and Healthcare IT Industry
Table 7: ESG: Governance Performance in the MedTech and Healthcare IT Industry
Table 8: Abbreviations Used in this Report
Table 9: Information Sources Used for this Report
Table 10: Abbott: Company Snapshot
Table 11: Abbott: Financial Performance, FY 2023 and 2024
Table 12: Abbott: Product Portfolio
Table 13: Abbott: News/Key Developments, 2022-2025
Table 14: Alcon Inc.: Company Snapshot
Table 15: Alcon Inc.: Financial Performance, FY 2023 and 2024
Table 16: Alcon Inc.: Product Portfolio
Table 17: Alcon Inc.: News/Key Developments, 2022-2025
Table 18: Align Technology Inc.: Company Snapshot
Table 19: Align Technology Inc.: Financial Performance, FY 2023 and 2024
Table 20: Align Technology Inc.: Product Portfolio
Table 21: Align Technology Inc.: News/Key Developments, 2022-2025
Table 22: Baxter: Company Snapshot
Table 23: Baxter: Financial Performance, FY 2023 and 2024
Table 24: Baxter: Product Portfolio
Table 25: Baxter: News/Key Developments, 2023-2025
Table 26: BD: Company Snapshot
Table 27: BD: Financial Performance, FY 2023 and 2024
Table 28: BD: Product Portfolio
Table 29: BD: News/Key Developments, 2022-2025
Table 30: Bio-Rad Laboratories Inc.: Company Snapshot
Table 31: Bio-Rad Laboratories Inc.: Financial Performance, FY 2023 and 2024
Table 32: Bio-Rad Laboratories Inc.: Product Portfolio
Table 33: Bio-Rad Laboratories Inc.: News/Key Developments, 2022-2025
Table 34: Biotronik: Company Snapshot
Table 35: Biotronik: Product Portfolio
Table 36: Biotronik: News/Key Developments, 2022-2025
Table 37: B. Braun SE: Company Snapshot
Table 38: B. Braun SE: Financial Performance, FY 2023 and 2024
Table 39: B. Braun SE: Product Portfolio
Table 40: B. Braun SE: News/Key Developments, 2022-2025
Table 41: Boston Scientific Corp.: Company Snapshot
Table 42: Boston Scientific Corp.: Financial Performance, FY 2023 and 2024
Table 43: Boston Scientific Corp.: Product Portfolio
Table 44: Boston Scientific Corp.: News/Key Developments, 2022-2025
Table 45: Canon Medical Systems Corp.: Company Snapshot
Table 46: Canon Medical Systems Corp.: Product Portfolio
Table 47: Canon Medical Systems Corp.: News/Key Developments, 2023-2025
Table 48: Cardinal Health: Company Snapshot
Table 49: Cardinal Health: Financial Performance, FY 2022 and 2023
Table 50: Cardinal Health: Product Portfolio
Table 51: Cardinal Health: News/Key Developments, 2023-2025
Table 52: Cognizant: Company Snapshot
Table 53: Cognizant: Financial Performance, FY 2023 and 2024
Table 54: Cognizant: Product Portfolio
Table 55: Cognizant: News/Key Developments, 2024-2025
Table 56: ConnectedHealth: Company Snapshot
Table 57: ConnectedHealth: Product Portfolio, 2022
Table 58: Danaher Corp.: Company Snapshot
Table 59: Danaher Corp.: Financial Performance, FY 2023 and 2024
Table 60: Danaher Corp.: Product Portfolio
Table 61: Danaher Corp.: News/Key Developments, 2022-2025
Table 62: Debiotech SA: Company Snapshot
Table 63: Debiotech SA: Product Portfolio
Table 64: Debiotech SA: News/Key Developments, 2022-2025
Table 65: Dexcom Inc.: Company Snapshot
Table 66: Dexcom Inc.: Financial Performance, FY 2023 and 2024
Table 67: Dexcom Inc.: Product Portfolio
Table 68: Dexcom Inc.: News/Key Developments, 2024-2025
Table 69: Edwards Lifesciences Corp.: Company Snapshot
Table 70: Edwards Lifesciences Corp.: Financial Performance, FY 2023 and 2024
Table 71: Edwards Lifesciences Corp.: Product Portfolio
Table 72: Edwards Lifesciences Corp.: News/Key Developments, 2024-2025
Table 73: F. Hoffmann-La Roche Ltd.: Company Snapshot
Table 74: F. Hoffmann-La Roche Ltd.: Financial Performance, FY 2023 and 2024
Table 75: F. Hoffmann-La Roche Ltd.: Product Portfolio
Table 76: F. Hoffmann-La Roche Ltd.: News/Key Developments, 2022-2025
Table 77: Fujifilm Holdings Corp.: Company Snapshot
Table 78: Fujifilm Holdings Corp.: Financial Performance, FY 2023 and 2024
Table 79: Fujifilm Holdings Corp.: Product Portfolio
Table 80: Fujifilm Holdings Corp.: News/Key Developments, 2024-2025
Table 81: GE HealthCare: Company Snapshot
Table 82: GE HealthCare: Financial Performance, FY 2023 and 2024
Table 83: GE HealthCare: Product Portfolio
Table 84: GE Healthcare: News/Key Developments, 2022-2025
Table 85: Hologic Inc.: Company Snapshot
Table 86: Hologic Inc.: Financial Performance, FY 2023 and 2024
Table 87: Hologic Inc.: Product Portfolio
Table 88: Hologic Inc.: News/Key Developments, 2022-2025
Table 89: Huawei Technologies Co. Ltd.: Company Snapshot
Table 90: Huawei Technologies Co. Ltd.: Financial Performance, FY 2023 and 2024
Table 91: Huawei Technologies Co. Ltd.: Product Portfolio
Table 92: Huawei Technologies Co. Ltd.: News/Key Developments, 2024
Table 93: IBM Corp.: Company Snapshot
Table 94: IBM Corp.: Financial Performance, FY 2023 and 2024
Table 95: IBM Corp.: Product Portfolio
Table 96: IBM Corp.: News/Key Developments, 2025
Table 97: Insulet Corp.: Company Snapshot
Table 98: Insulet Corp.: Financial Performance, FY 2023 and 2024
Table 99: Insulet Corp.: Product Portfolio
Table 100: Insulet Corp.: News/Key Developments, 2024-2025
Table 101: Johnson & Johnson Services Inc.: Company Snapshot
Table 102: Johnson & Johnson Services Inc.: Financial Performance, FY 2023 and 2024
Table 103: Johnson & Johnson Services Inc.: Product Portfolio
Table 104: Johnson & Johnson Services Inc.: News/Key Developments, 2023-2025
Table 105: Koninklijke Philips N.V.: Company Snapshot
Table 106: Koninklijke Philips N.V.: Financial Performance, FY 2023 and 2024
Table 107: Koninklijke Philips N.V.: Product Portfolio
Table 108: Koninklijke Philips N.V.: News/Key Developments, 2023-2025
Table 109: LivaNova PLC: Company Snapshot
Table 110: LivaNova PLC: Financial Performance, FY 2023 and 2024
Table 111: LivaNova PLC: Product Portfolio
Table 112: LivaNova PLC: News/Key Developments, 2023-2024
Table 113: Medtronic: Company Snapshot
Table 114: Medtronic: Financial Performance, FY 2022 and 2023
Table 115: Medtronic: Product Portfolio
Table 116: Medtronic: News/Key Developments, 2023-2025
Table 117: Microsoft: Company Snapshot
Table 118: Microsoft: Financial Performance, FY 2022 and 2023
Table 119: Microsoft: Product Portfolio
Table 120: Microsoft: News/Key Developments, 2024-2025
Table 121: McKesson Corp.: Company Snapshot
Table 122: McKesson Corp.: Financial Performance, FY 2023 and 2024
Table 123: McKesson Corp.: Product Portfolio
Table 124: McKesson Corp.: News/Key Developments, 2023-2025
Table 125: Olympus Corp.: Company Snapshot
Table 126: Olympus Corp.: Financial Performance, FY 2023 and 2024
Table 127: Olympus Corp.: Product Portfolio
Table 128: Olympus Corp.: News/Key Developments, 2024-2025
Table 129: Omron Corp.: Company Snapshot
Table 130: Omron Corp.: Financial Performance, FY 2023 and 2024
Table 131: Omron Corp.: Product Portfolio
Table 132: Omron Corp.: News/Key Developments, 2022-2025
Table 133: Oracle: Company Snapshot
Table 134: Oracle: Financial Performance, FY 2022 and 2023
Table 135: Oracle: Product Portfolio
Table 136: Oracle: News/Key Developments, 2024-2025
Table 137: Qualcomm Technologies Inc.: Company Snapshot
Table 138: Qualcomm Technologies Inc.: Financial Performance, FY 2023 and 2024
Table 139: Qualcomm Technologies Inc.: Product Portfolio
Table 140: Qualcomm Technologies Inc.: News/Key Developments, 2025
Table 141: ResMed: Company Snapshot
Table 142: ResMed: Financial Performance, FY 2022 and 2023
Table 143: ResMed: Product Portfolio
Table 144: ResMed: News/Key Developments, 2022-2025
Table 145: Siemens Healthineers AG: Company Snapshot
Table 146: Siemens Healthineers AG: Financial Performance, FY 2023 and 2024
Table 147: Siemens Healthineers AG: Product Portfolio
Table 148: Siemens Healthineers AG: News/Key Developments, 2022-2025
Table 149: Stryker: Company Snapshot
Table 150: Stryker: Financial Performance, FY 2023 and 2024
Table 151: Stryker: Product Portfolio
Table 152: Stryker: News/Key Developments, 2022-2025
Table 153: Smith+Nephew: Company Snapshot
Table 154: Smith+Nephew: Financial Performance, FY 2023 and 2024
Table 155: Smith+Nephew: Product Portfolio
Table 156: Smith+Nephew: News/Key Developments, 2022-2025
Table 157: Tandem Diabetes Care Inc.: Company Snapshot
Table 158: Tandem Diabetes Care Inc.: Financial Performance, FY 2023 and 2024
Table 159: Tandem Diabetes Care Inc.: Product Portfolio
Table 160: Tandem Diabetes Care Inc.: News/Key Developments, 2023-2025
Table 161: Terumo Corp.: Company Snapshot
Table 162: Terumo Corp.: Financial Performance, FY 2023 and 2024
Table 163: Terumo Corp.: Product Portfolio
Table 164: Terumo Corp.: News/Key Developments, 2022-2025
Table 165: UnitedHealth Group: Company Snapshot
Table 166: UnitedHealth Group: Financial Performance, FY 2023 and 2024
Table 167: UnitedHealth Group: Product Portfolio
Table 168: UnitedHealth Group: News/Key Developments, 2022
Table 169: Ypsomed: Company Snapshot
Table 170: Ypsomed: Financial Performance, FY 2023 and 2024
Table 171: Ypsomed: Product Portfolio
Table 172: Ypsomed: News/Key Developments, 2022-2025
Table 173: Zimmer Biomet: Company Snapshot
Table 174: Zimmer Biomet: Financial Performance, FY 2023 and 2024
Table 175: Zimmer Biomet: Product Portfolio
Table 176: Zimmer Biomet: News/Key Developments, 2023-2025
Table 177: Start-ups in the Global MedTech Market
Table 178: Start-ups in the Global IVD Market
Table 179: Start-ups in the Global Healthcare IT Market
List of Figures
Figure 1: Trends and Emerging Technologies in the Industry
Figure 2: Patents Granted for MedTech, by Year, 2023 to May 2025
Figure 3: Patents Granted for Healthcare IT, by Year, 2023 to May 2025
Figure 4: Patents Granted for Medtech, by Jurisdiction, 2023 to May 2025
Figure 5: Patents Granted for Healthcare IT, by Jurisdiction, 2023 to May 2025
Figure 6: ESG Metrics of the Medical Device Industry
Figure 7: Global Market Shares of Medical Device Companies, 2024
Figure 8: Global Market Shares of In Vitro Diagnostics, by Leading Companies, 2024
Figure 9: Global Market Shares of Leading Healthcare IT Companies, 2024
Figure 10: Number of Strategic Actions, by Strategy Type, 2025*
Figure 11: Strategies Adopted, by Company, 2025*
Figure 12: Abbott: Revenue Share, by Business Unit, FY 2024
Figure 13: Abbott: Revenue Share, by Country/Region, FY 2024
Figure 14: Alcon Inc.: Revenue Share, by Business Unit, FY 2024
Figure 15: Alcon Inc.: Revenue Share, by Country/Region, FY 2024
Figure 16: Align Technology Inc.: Revenue Share, by Business Unit, FY 2024
Figure 17: Align Technology Inc.: Revenue Share, by Country/Region, FY 2024
Figure 18: Baxter: Revenue Share, by Business Unit, FY 2024
Figure 19: Baxter: Revenue Share, by Country/Region, FY 2024
Figure 20: BD: Revenue Share, by Business Unit, FY 2024
Figure 21: BD: Revenue Share, by Country/Region, FY 2024
Figure 22: Bio-Rad Laboratories Inc.: Revenue Share, by Business Unit, FY 2024
Figure 23: Bio-Rad Laboratories Inc.: Revenue Share, by Country/Region, FY 2024
Figure 24: B. Braun SE: Revenue Share, by Business Unit, FY 2024
Figure 25: B. Braun SE: Revenue Share, by Country/Region, FY 2024
Figure 26: Boston Scientific Corp.: Revenue Share, by Business Unit, FY 2024
Figure 27: Boston Scientific Corp.: Revenue Share, by Country/Region, FY 2024
Figure 28: Cardinal Health: Revenue Share, by Business Unit, FY 2023
Figure 29: Cardinal Health: Revenue Share, by Country/Region, FY 2023
Figure 30: Cognizant: Revenue Share, by Business Unit, FY 2024
Figure 31: Cognizant: Revenue Share, by Country/Region, FY 2024
Figure 32: Danaher Corp.: Revenue Share, by Business Unit, FY 2024
Figure 33: Danaher Corp.: Revenue Share, by Region/Country, FY 2024
Figure 34: Dexcom Inc.: Revenue Share, by Sales Channel, FY 2024
Figure 35: Dexcom Inc.: Revenue Share, by Country/Region, FY 2024
Figure 36: Edwards Lifesciences Corp.: Revenue Share, by Business Unit, FY 2024
Figure 37: Edwards Lifesciences Corp.: Revenue Share, by Country/Region, FY 2024
Figure 38: F. Hoffmann-La Roche Ltd.: Revenue Share, by Business Unit, FY 2024
Figure 39: F. Hoffmann-La Roche Ltd.: Revenue Share, by Country/Region, FY 2024
Figure 40: Fujifilm Holdings Corp.: Revenue Share, by Business Unit, FY 2024
Figure 41: Fujifilm Holdings Corp.: Revenue Share, by Country/Region, FY 2024
Figure 42: GE HealthCare: Revenue Share, by Business Unit, FY 2024
Figure 43: GE HealthCare: Revenue Share, by Country/Region, FY 2024
Figure 44: Hologic Inc.: Revenue Share, by Business Unit, FY 2024
Figure 45: Hologic Inc.: Revenue Share, by Country/Region, FY 2024
Figure 46: Huawei Technologies Co. Ltd.: Revenue Share, by Business Unit, FY 2024
Figure 47: Huawei Technologies Co. Ltd.: Revenue Share, by Country/Region, FY 2024
Figure 48: IBM Corp.: Revenue Share, by Business Unit, FY 2024
Figure 49: IBM Corp.: Revenue Share, by Country/Region, FY 2024
Figure 50: Insulet Corp.: Revenue Share, by Business Unit, FY 2024
Figure 51: Insulet Corp.: Revenue Share, by Country/Region, FY 2024
Figure 52: Johnson & Johnson Services Inc.: Revenue Share, by Business Unit, FY 2024
Figure 53: Johnson & Johnson Services Inc.: Revenue Share, by Country/Region, FY 2024
Figure 54: Koninklijke Philips N.V.: Revenue Share, by Business Unit, FY 2024
Figure 55: Koninklijke Philips N.V.: Revenue Share, by Country/Region, FY 2024
Figure 56: LivaNova PLC: Revenue Share, by Business Unit, FY 2024
Figure 57: LivaNova PLC: Revenue Share, by Country/Region, FY 2024
Figure 58: Medtronic: Revenue Share, by Business Unit, FY 2023
Figure 59: Medtronic: Revenue Share, by Country/Region, FY 2023
Figure 60: Microsoft: Revenue Share, by Business Unit, FY 2023
Figure 61: Microsoft: Revenue Share, by Country/Region, FY 2023
Figure 62: McKesson Corp.: Revenue Share, by Business Unit, FY 2024
Figure 63: Olympus Corp.: Revenue Share, by Business Unit, FY 2024
Figure 64: Olympus Corp.: Revenue Share, by Country/Region, FY 2024
Figure 65: Omron Corp.: Revenue Share, by Business Unit, FY 2024
Figure 66: Omron Corp.: Revenue Share, by Country/Region, FY 2024
Figure 67: Oracle: Revenue Share, by Business Unit, FY 2023
Figure 68: Oracle: Revenue Share, by Country/Region, FY 2023
Figure 69: Qualcomm Technologies Inc.: Revenue Share, by Business Unit, FY 2024
Figure 70: Qualcomm Technologies Inc.: Revenue Share, by Country/Region, FY 2024
Figure 71: ResMed: Revenue Share, by Business Unit, FY 2023
Figure 72: ResMed: Revenue Share, by Country/Region, FY 2023
Figure 73: Siemens Healthineers AG: Revenue Share, by Business Unit, FY 2024
Figure 74: Siemens Healthineers AG: Revenue Share, by Country/Region, FY 2024
Figure 75: Stryker: Revenue Share, by Business Unit, FY 2024
Figure 76: Stryker: Revenue Share, by Country/Region, FY 2024
Figure 77: Smith+Nephew: Revenue Share, by Business Unit, FY 2024
Figure 78: Smith+Nephew: Revenue Share, by Country/Region, FY 2024
Figure 79: Tandem Diabetes Care Inc.: Revenue Share, by Business Unit, FY 2024
Figure 80: Tandem Diabetes Care Inc.: Revenue Share, by Country/Region, FY 2024
Figure 81: Terumo Corp.: Revenue Share, by Business Unit, FY 2024
Figure 82: Terumo Corp.: Revenue Share, by Country/Region, FY 2024
Figure 83: UnitedHealth Group: Revenue Share, by Business Unit, FY 2024
Figure 84: Ypsomed: Revenue Share, by Business Unit, FY 2024
Figure 85: Ypsomed: Revenue Share, by Country/Region, FY 2024
Figure 86: Zimmer Biomet: Revenue Share, by Business Unit, FY 2024
Figure 87: Zimmer Biomet: Revenue Share, by Country/Region, FY 2024